Savoy Resources Corp. (fka SVYR)

[Renee]

SVYR revoked:

http://www.sec.gov/litigation/admin/2012/34-67228.pdf

[Renee]

SVYR SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-67044.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-67044-o.pdf

ADMIN Proceeding:

http://www.sec.gov/litigation/admin/2012/34-67043.pdf

[Penny Gold Mine]

big volume day today.

ready to move?

[Sharing]

SVYR BID building now 2x .003 - 2x .0045

[Sharing]

If you see my post in the past I had and still have contact to the CEO arthur Johnson from time to time. Furthermore I invest a lot of time to do my own DD which I always do when I m invested in a stock. All this parts brought me to the information I posted.

I'm very positive about this stock which will fly with any volume cause the tight share structure.

Let's see if I'm right, one more time this should not be a buying advice, do you own DD.

GLTY

[SweetB]

Can you please explain how you seem to have private access to continual info on SVYR while the rest of us can't get the slightest bit of info from anyone at this company?? So many of us have made mutiple attempts for any information as shareholders and no one will respond to any of our attempts. So how is it you have this info and who can the rest of us contact to get updated shareholder info?
Thank you

[Sharing]

the PPS of SVYR is jumping between .003 - .0045 the last couple of weeks, volume was low, so nothing specacular. But I have an information that SVYR is right now in negotiations with a industrial company from SA which should have huge assets and a strong revenue stream. The CEO is waiting for an official document
from the target company, if everything works fine we should see a new filing soon.
And then we will see a real jump here which could bring us real $$$.

That's all imo, everybody should do his own DD!

Sharing

[SweetB]

Big move today. Wonder what that is all about?
Any thoughts people??

[Sharing]

News should come out end of next week latest imo

[Sharing]

SVYR - BIG DEAL in the making! If that comes true what I heard we should see an huge run here with a serious PPS target of .50

Place your bets please! All imo of course, do your own DD!

Sharing

[Sharing]

from the fda side

http://www.fda.gov/downloads/AboutFDA/WorkingatFDA/Ethics/UCM239199.pdf

[Sharing]

The Ingonyama transaction failed ~ definitely over ~ but watch carefully good news for SVYR comin soon

Sharing

[Sharing]

SVYR could see news soon ~ expect it still in this month imo

[rcorso2009]

If you analyse the info given on the ASX news release the following falls out (please check my figures)

Inital analysis has confirmed a minimum of 5g/Tonne so with 100,000 tonnes you could in theory get 500,000 grammes of Platinum.

With 28.35 grammes per Ounce (oz)

500,000 grammes is approx 17,636.70 oz

With the spot market rate for Platinum being (Jan 2011) approx 1745 usd per oz

17,636.70 x 1,745 = 30,776,041.5 US dollars ( approx $30.8Million)

Not bad for a spoil tip and this is one of many that Ingonyama Platinum (Pty) Limited own

I wish Ingonyama Platinum (Pty) Limited every success

We need a statement from SVYR on their current position with Ingonyama Platinum (Pty) Limited

[rcorso2009]

This looks interesting
I simply typed "Ingonyama Platinum (Pty) Limited" into Google and up popped this:

Source: News Bites

Platinum Australia to treat chrome tailings at Smokey Hills
Platinum Australia Ltd subsidiary PhokaThaba Platinum (Pty) Ltd has entered into an agreement with Ingonyama Platinum Pty Ltd to treat 100,000 tonnes of chrome tailings through the Smokey Hills plant in South Africa.

The tailings are within 10 km of Smokey Hills and are estimated by Ingonyama to have an average grade in excess of 5g/t 3E platinum group metals. Platinum Australia will receive 55% of the revenue and Ingonyama will receive 45%.

Meanwhile the majority of employees of Platinum's mining contractor at the Smokey Hills mine, JIC Mining Services Pty Ltd, have engaged in unprotected industrial action related to demands for payments claimed from Redpath Mining South Africa Pty Ltd relating to the transfer of the employees to JIC. Platinum Australia says 85% of the employees refused to go underground from night shift on Sunday November 28, 2010, significantly affecting underground production. The employees have been advised by the contractor to return to work or face dismissal.

The company says the stockpile of nearly 50,000 tonnes of underground ore plus chrome tailings meant it was not likely that the action would significantly affect production from the operation.


STOCK DASHBOARD: November 30, 2010

Platinum Australia

Price at 2:00 pm: 53.0c

Price change from previous trading day: -3.6%

Relative Strength (6 months percentile rank): 10.1

Market capitalisation: $208 million

Turnover volume: 2,111,637.0

Volume Index (1 is average): 1.7

Turnover value: $1.1 million

Turnover period: 10 months

Value of $1,000 invested 1 year ago: $552

Source: www.BuySellTips.com

Above Info Source
http://www.businessspectator.com.au/bs.nsf/Article/Platinum-Australia-to-treat-chrome-tailings-at-Smo-BP948?OpenDocument

More info here (pdf) ASX (Aus Stock Exchange) News Release http://www.gtp.com.au/platinumaus/inews_files/ASX1052JDL_301110.pdf

More Info from Mining Weekly
http://www.miningweekly.com/article/smokey-hills-to-treat-tailings-underground-workers-strike-2010-11-30

More Info Australian Financial Review (well respected journal)
http://afr.com/p/business/resources/smokey_hills_chrome_tailings_deal_jq7sFEyBBZPL3K0Al9CXiO

More news
http://www.miningne.ws/pg/mining/news/58632/platinum-australia-set-to-treat-chrome-tailings-through-smokey-hills-plant

[Sharing]

SVYR moves on air

[YukonKing]

Heads up ! This year's P&D is off and running.

[mikembte2005]

Thanks for the infor. Lets see if anything happens.

[axcet]

SVYR now stands a better chance of receiving at least some attention (for better or for worse...) from Mr. Johnson since he stepped down from his leadership role at OOGI in August, coincident with OOGI's reverse merge into C2E Energy, Inc.

[mikembte2005]

I hear ya. We are overdue for some news and volume. I have not tryed to contact anyone at the company.

[hedge_fun]

Thx for noticing.....the last partial was 3000 shares.....

$5.42.......lol

[Sharing]

ur sitting on the bid? nice!

yep hope for news here

GL

[hedge_fun]

All the volume today is me buying low.......partial fill though.....I hate that....

maybe a filing Monday?......

[Sharing]

there was no real volume since January ~ SVYR needs a life sign on the part of Johnson. SS is very interesting and if he's planning to bring her back in business through a mining project and we could see a PR here a quarter is reachable imo.

that'a a wating game here ~ not worth to sell for me cause bought in much higher.
Has anyone spoke to Johnson recently?

[mikembte2005]

Volume has slowed up again.

[Sharing]

yep ~ mining companies are definitely running these days. Let's see if SVYR can follow the cluster

[mikembte2005]

I hear ya. Maybe with the run up on gold and copper something can get done.

[Sharing]

14 month old ~ they couldn't get the necessary money together to make this deal real. I spoke with Johnson and with Ms. Meadon early this year and don't believe there are still any negotiations
between them.

Forget it ~ we need current news

Still hold all my shares from that time, SS is good and with new informations it could go hard, but...

[mikembte2005]

Effective September 24, 2009, Savoy Resources Corp. (“Savoy”) entered into two Memorandums of Understanding (the “MOU’s”), one with Ingonyama Platinum (Pty) Limited (“Ingonyama”) and the other with Cahow Consulting Limited (“Cahow”). Ingonyama is a closely-held, women-owned, junior exploration company that owns a 70% interest in two lucrative platinum (and other mineral) assets located in Republic of South Africa (“RSA”) and Cahow owns the right to develop, mine, manage and produce Ingonyama’s mineral resources in partnership with Ingonyama’s Black Economic Empowerment (“BEE”) partners and the right to 80% of the profits from Ingonyama’s 70% interest in these assets. The MOU’s provide for Savoy to acquire Ingonyama and purchase Cahow’s rights and interests such that, following the acquisition, Savoy owns 100% of Ingonyama’s 70% interest in the mineral assets, all rights to develop, mine, manage, produce and market these mineral assets in partnership with Ingonyama’s BEE partners and the right to 100% of the revenues/profits from Ingonyama’s 70% interest. As a result of the business combination, Cahow will own 500 million outstanding shares of common stock, and all outstanding shares of preferred stock, of Savoy and Ingonyama will become a wholly-owned subsidiary of Savoy. Management of Savoy immediately following the business combination is expected to be Ms. Anne-Marie Meadon, director of Ingonyama, serving in the positions of Chief Executive Officer/director, Mr. Sean Meadon, consulting geologist to Ingonyama, serving as Chief Operating Officer/director, and Mr. Arthur V. Johnson, sole director and executive officer of Savoy, serving as Chief Financial Officer/director. Conditions precedent to consummation of the business combination include Savoy’s ability to raise $5 million, of which $2.5 million has been allocated for the acquisition of Ingonyama, and Savoy’s reorganization to eliminate its outstanding indebtedness and reduce the number of shares of common stock issuable pursuant to existing contracts and upon conversion of outstanding convertible notes and exercise of outstanding warrants to not more than 100 million shares. Of the balance of $2.5 million, $1.5 million has been allocated for mining start-up costs, $500,000 is to be applied to reduce Savoy’s outstanding indebtedness and $500,000 is to be used for professional fees and regulatory compliance, general and administrative expenses, investor relations and working capital. Mining start-up costs includes plant construction (including associated steelwork), the purchase of equipment, mining and mine security set-up costs and working capital for the initial 90 days of operation (lead time prior to receipt of the initial payment from the Twyfelaar Tailings Retreatment Project), with the balance of funds to be used for the Twyfelaar Pipe Project and the TML Platinum Project.?

Ingonyama owns platinum/other mineral assets located in RSA in two distinct areas, the Farm Twyfelaar 119KT, which is located on the eastern limb of the Bushveld Igneous Complex approximately 30 kilometers (19 miles) north of the town of Steelpoort, RSA (the “Twyfelaar Platinum Project”), and five entire farms that encompass a platinum-hosted, bifurcating, vein complex with 20 kilometers (12.5 miles) of strike-length of mineralized zones located on the Thabazimbi-Murchisson Lineament approximately 120 kilometers (75 miles) north of Pretoria, RSA (the “TML Platinum Project”). The prospecting rights granted to Ingonyama by the Department of Minerals and Energy of RSA are for PGM (“platinum group metals,” including platinum, palladium, rhodium, ruthenium, iridium and gold) and other metals on the Twyfelaar Farm for a period of five years through November 12, 2012 and for PGM, other metals and diamonds on the TLM Platinum Project area for a period of five years through April of 2013. Ingonyama’s assets are valued conservatively on its financial statements at $55,894,296 (ZAR (South African Rands) 419,207,220), which is the value of the immediately mineable, tailings deposits that comprise only one of four components of the Twyfelaar Platinum Project. No value is attributed to the other three components of the Twyfelaar Platinum Project or the TML Platinum Project in the financial statements because these projects are in an early exploratory stage.?

The four components of the Twyfelaar Platinum Project include the LG6 (Lower Group 6) tailings dams and the LG6 chromite waste rock dumps (together, the “Twyfelaar Tailings Retreatment Project”), the hortonolite-dunite pipe deposit (the “Twyfelaar Pipe Project”) and the LG6 remnant mining pillars (the “Twyfelaar Underground Pillar Project”), which are described below:

[mikembte2005]

Ask at .0025 now.

[mikembte2005]

Some current info would be great!

[hedge_fun]

Thx......now go dig up some GOLD here......

Is this a scam or what?......we need some CURRENT info.....

gl

[mikembte2005]

I just noticed that your the mod now. Congrats!

[mikembte2005]

I bet this moves this week even before I can get some more shares!

[hedge_fun]

We need a STICKY post......pls help....

we need info.......thx

[hedge_fun]

At least it ain't dark.....look for SVYR to begin getting current.....imho

[hedge_fun]

69 million shares.....69 million reasons to smile.....

[hedge_fun]

Yeah.......a better focus should be the money to be made here....

gl

[hedge_fun]

Patience is the key.....gl

[mikembte2005]

Got some buy orders in. Hope I can get them filled.

[mikembte2005]

I noticed that you say alot of the same things on other boards. I do wonder why. However you are clearly wrong on this one.

[Sharing]

hey guys, could u please stop to fight ur privat games here on this board. I hoped for some news but all what I read are your offtopic posts.

Thx!

[Sargeant-Preston]

"Speaking of insufficient data....I don't fish..... "


Ah, that's what I get for posting before my first cup of coffee.... you are the fish !


See 'ya, sucker.

[hedge_fun]

Speaking of insufficient data....I don't fish.....

nice hyphen.....

I guess you make lot's of money being ruthless.....and posting on boards where you have no stock........I might have to try that....

thx for some great input......it should take us all to new hieghts.......

see ya ruth......

[Sargeant-Preston]

"Awesome......btw......did you get my money?......or anyone else's?..... "

No. You see, that's why you're probably not very successful as an investor; you leap to specious conclusions based on insufficient data.

I don't have any position in this stock. Thus, I don't care if its bid moves. Or doesn't move. Or has any volume.

I probably got your money in some other stock you've placed false hopes upon, however. Thanks !

Maybe you should stick to fishing. Seems to be where your true talents reside.

[hedge_fun]

Okay......wow.....what a ruthless cynic you are.....

Awesome......btw......did you get my money?......or anyone else's?.....

Did you notice the bid never moved all day?.....and of course there was NO volume......looks like you are just another fish in the cynic pond....

gl......oh wait.....you don't need it.....you are RUTHLESS......

[Sargeant-Preston]

"you are very cunning"

No, just a ruthless cynic who happily takes advantage of the willingness of others to give him their money.


"Cunning" is only needed when dealing with situations whose outcome is uncertain. I never have to worry that foolish people will stop being foolish.

[hedge_fun]

Wow.....great advice.....never looked at it that way......

you are very cunning......and I can tell you've been on the street (Wall Street) for........YEARS.....

gl

[Sargeant-Preston]

Oh, har, de-har-har-har. And Lindsey Lohan is a legitimate "actress", too.

[mikembte2005]

No it is not. The other ones you post on may be but this is a real company. Look at the DD from past post.